Archive for November, 2007

Guia Lighthouse Issue Won’t Go Away

This is a continuation of our earlier report on the Guia Lighthouse height restrictions saga. The local government has received documents sent by the cultural authorities in Beijing, addressing concerns over threats of a new residential building blocking the view to and from the Guia lighthouse, Secretary for Social Affairs and Culture, Fernando Chui Sai On,

CotaiJet Now Officially Sailing From Taipa

Cotai Waterjet (Macau) Limited will begin officially sailing from the Taipa Temporary Ferry Terminal. Although the terminal was opened on October 16, neither of the two companies granted a license to operate from the facility was ready to sail. [youtube]http://youtube.com/watch?v=c3c0SnEdm-M[/youtube] Courtesy: Destination Macau Cotai Waterjet, owned by Las Vegas Sands Corporation, blamed the delay on the Hong Kong

Australian Wins High-Roller Macau Pacific Poker event

Australian Eric Assadourian took out the Macau Asia Pacific Poker Tour (APPT) high-roller event to take home US$375,000. Starting out against 64 of the world's best Texas Hold'em poker players in the US$15,000 buy-in tournament, Assadourian took 120,500 worth of chips to the final table of eight at the Grand Waldo Casino in Taipa. Fellow Australian, Emad

Lawrence Ho Committed to Macau Casino Projects

A strong relationship with the government and a new direction for the Crown Macau is upholding the confidence of Melco PBL Entertainment's CEO, Lawrence Ho, in the company's future in Asia's Las Vegas. Earlier this month Melco PBL announced a USD142 million loss for the nine months ending September 30. The third quarter saw the company

Macau Croupiers Learning How to Deal Poker Games

Asia's largest ever Texas Hold'em poker tournament and the first poker event to be held in Macau saw 352 players sweating it out last week for US$2 million in prize money. However it wasn't only the players feeling the heat. With each entrant putting up almost US$2,500 to join the competition, the dealers couldn't afford to

Speymill Group Suffers Macau Planning Delays

Real estate investment manager Speymill Group warned that profits are likely to fall short of expectations this year, owing to delays in its investment schedules and a one off cost for reincorporating in the Isle of Man. The company has experienced planning delays for construction projects in Macau which will depress the level of investment made

Oceanus Casino Project Getting Ready to Kick Off

During our recent visit to Macau, we received information that Dr Stanley Ho's SJM are preparing to start the construction of the massive Oceanus Casino project. Oceanus Casino Oceanus Casino Nicely Tucked in Between Fishermans Wharf and Macau Ferry We also noticed that the floating Macau Palace Casino, which was recently closed and is on the new

Steve Wynn Pushing Ahead With Macau Expansion

He helped Las Vegas shed its image as a sleazy gambling capital and make inroads as a family holiday destination, and his top-notch hotel restaurants have put Sin City on the culinary map. Now tycoon Steve Wynn has his sights firmly trained on expanding his business in the former Portuguese colony of Macau as he looks

Macau Government Committed to Improve Quality of Life

The MSAR Government would resolutely devote all of its efforts to bring even better quality of life to its residents, and to ensure the long-term stability of the SAR. These pledges were asserted today by the Chief Executive, Edmund Ho Hau Wah, when he spoke to the press after meeting President Hu Jintao and Premier Wen

Macau Population Grows by 4.8%

The resident population of Macao was estimated at 531,000 as at 30 September 2007, an increase of about 25,000 compared with the same period of 2006. In the third quarter of 2007, there were 1,200 live births, up by 20.8% over the second quarter. Among the live births, 51.4% were male. The number of mortality cases